News

Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw profits dip in 2024 as delinquencies and loss provisions...

Equipment loan originations soared in December, with the banking sector registering its largest month-over-month increase on record.  The equipment finance...

US orders and shipments for business equipment both rose in December by more than forecast, pointing to firmer investment going...

Abrigo, a compliance, credit risk and lending solutions provider, has bolstered its loan origination and management platform by adding equipment...

Fintechs are launching products and services to help equipment financiers meet compliance requirements as the industry embraces digitalization.   At...

Equipment financiers Alliance Funding Group and Lightbrook have formed a new entity to provide streamlined financial solutions that support large...

The year kicked off with increased equipment dealer merger and acquisition activity, even compared to 2024’s elevated levels, with dealerships...

Several lenders shrunk their equipment finance and leasing portfolios in 2024 while grappling with increased charge-offs, highlighting challenges facing some...